# The Building Societies (Guernsey and Alderney) Order 1988, Paragraph 6


The relevant form of security may only be taken for an advance under section 14 of the Act in circumstances in which the advance is classifiable as a class 1 advance under paragraph 3 above or a class 2 advance under paragraph 4 above.

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Source: https://www.legislation.gov.uk/uksi/1988/1394/schedule/1/paragraph/6 (the official version)
Page: https://openlegislation.uk/building-societies-guernsey-and-alderney-order-1988/schedule-1/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.